Monday, July 30, 2012

Show me the money! How financial aid is distributed...

On the second Friday of each term, tuition due date (also referred to as the "census date"), enrollment is frozen and financial aid is calculated based on the number of credits the student is registered in. 

Aid is applied first to tuition, fees and authorized bookstore charges.  Any remaining funds are refunded to the student (typically by the following Friday), with the exception of first-time student loan borrowers.

LOANS:If you are a new Direct Loan borrower at COCC, you are required to complete entrance loan counseling and sign your master promissory note before loans will be processed.  Check online using your ‘Bobcat Web Account’ for any outstanding requirements.  If you are a new student at COCC and receiving loans for the first time at COCC, your loan disbursement must be delayed 30 days from the start of class disbursements.    

FEDERAL WORK-STUDY:Work-study earnings are paid each month through the College's normal payroll process.  You may check current job postings online at www.coccstudentjobs.com.  COCC does not guarantee positions to all students awarded work-study.  For more information visit:  Work-Study or contact Deborah at 541-383-7263.

PART-TIME STUDENTS: you may also get aid as a part-time student. See this weblink for information: http://www.cocc.edu/Financial-Aid/FAQs/Can-I-Get-Financial-Aid-As-A-Part-Time-Student-/

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